Biden is preparing more sanctions against Russian oligarchs

Nancy Pelosi calls for a ban on all oil and gas exports from Russia because of Putin’s “devilish actions” as Biden prepares to sanction more oligarchs and their families

  • Spokesman Nancy Pelosi called for a ban on all oil and gas exports from Russia
  • – Forbid him. “Ban oil from Russia,” Pelosi said
  • Her call came as President Joe Biden prepares to sanction more Russian oligarchs and their families.
  • The United States invades Russia after the invasion of Ukraine
  • The new sanctions, which may come as early as Thursday, will reflect those the EU has imposed on Russian oligarchs, but will not target the same people.
  • But it will also be extended to the families of oligarchs so that they cannot transfer assets to spouses or children.

speaker Nancy Pelosi on Thursday as president called for a ban on all oil and gas exports from Russia Joe Biden is preparing to sanction more Russian oligarchs and their families in response to Vladimir Putinthe invasion of Ukraine.

– Forbid him. “Ban oil from Russia,” Pelosi told a news conference in the Capitol.

Biden said that option remained “on the table”.

Meanwhile, the administration plans to impose new sanctions on both Russian oligarchs and their families as early as Thursday, CNN reports as the United States continues to pressure Putin and his allies.

Spokesman Nancy Pelosi called for a ban on all oil and gas exports from Russia

Spokesman Nancy Pelosi called for a ban on all oil and gas exports from Russia

President Biden says Russia's gas ban is

President Biden says Russia’s gas ban is “on the table”

The sanctions will hit some of the oligarchs sanctioned by the European Union earlier this week, but will not be exactly the same, a source told the news network.

But the United States plans to take it one step further by adding a travel ban and targeting members of the billionaires’ family.

This will be done so that the oligarchs cannot transfer assets to spouses or children.

Biden has already imposed sanctions on a number of senior Russians close to the Kremlin, along with their elderly children.

In his address on the state of the Union on Tuesday night, Biden promised to follow the “bad profits” of Russian oligarchs, including their private jets, luxury apartments and yachts.

“We are joining our European allies to find and confiscate your yachts, luxury apartments, personal planes. We are coming for your malicious profits, “Biden said.

In a speech on the state of the union on Tuesday night, President Joe Biden promised to follow in the footsteps of Russia's oligarchs.

In a speech on the state of the union on Tuesday night, President Joe Biden promised to follow in the footsteps of Russia’s oligarchs.

And on Wednesday, the Justice Department announced a working group called Kleptocapture to pursue these billionaires and their valuables.

Biden met with Quad leaders on Thursday morning and will meet with his cabinet on Thursday afternoon as the situation in Ukraine continues to dominate his agenda.

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